Barclays Share Discussion Threads

[gcom2] 19/5/2015 16:04

Maybe worth a long punt before the bell ,dyor

[cmillar] 19/5/2015 12:26

There is a requirement for the Bank to provision for Fines etc. appropriately in their 1/4ly figures. I'd imagine that the fines will not be too dissimilar than what has been put aside (On a cumulative basis) in last 1/4ly report.

[blackberry122] 19/5/2015 09:46

The only concern is that there will be some residual investigations to happen regarding the algorithmic interest calculations for which a settlement fine may still be outstanding.

[reimomo] 19/5/2015 09:09

Already priced in.

If someone in the know thinks the fine will be less than anticipated they'll start buying, pushing the price up.

[portside1] 18/5/2015 09:52

fca when are they going to act on the BOE king and tucker failed to act on the fed letter it suited them to close their eyes and ears
walked a way their squirmed in their seats in the select committee and the chairman stopped them any further by stopping the questions .tucker in diamonds pocket , and the fca charge share holders for the crime .
dam disgraceful act on holders
the FCA WILL NEVER GO AFTER TOP MEN JUST HOLDERS OF THE COMPANY BANKERS NOT CHARGED THE FCA STINKS OF CORRUPTION , WHEN ARE THEY GOING TO LLOK AT THE BOE AND ITS PART IN LIBOR
LLOYDS SHARE HOLDERS NOT TOLD OF HBOS BANKRUPT AND TAKING MONEY FROM THE BOE WHICH WAS ILLEGAL AND SHARE HOLDERS PAID THE PRICE

[diku] 18/5/2015 08:28

Record bank fine got to be good for share price!!....No Advice Intended...

[neilrich] 18/5/2015 06:46

Barclays set for record UK bank fine

[shaws67] 17/5/2015 19:50

Just use IG, price alert. Does the job

[mbmiah] 17/5/2015 19:41

Anybody know if an App that alerts you when a share price has reached specified levels/price?

[portside1] 17/5/2015 14:34

PLANS to split retail and investment banking could be watered down in an attempt to keep HSBC and other big names in Britain.

Senior City figures have begun behind-the-scenes talks with the Treasury and the Bank of England on the “ring-fence221; reforms, sources said. The proposals were devised by Sir John Vickers’ commission in 2011 to make the banking system safer and avoid a repeat of the 2008 financial crisis.

The talks have been given urgency by HSBC’s threat to move its headquarters out of Britain. The Sunday Times revealed three weeks ago that the board believed the draconian nature of the ring-fence would force it to sell its British retail operations, hastening its exit from this country.

[johnwise] 16/5/2015 08:57

The self-service bank branches driving Britain to distraction: Instead of a line counter staff, customers are faced with maddening machines

Read more:

[bigman786] 15/5/2015 07:50

Tuning in every morning awaiting the big 1.

[mbmiah] 14/5/2015 23:24

I think ppl are sick of hearing bad bank publicity - through one ear and out the other I'm afraid

[neilrich] 14/5/2015 21:02

It's not just about the fine, negative publicity is bad for business, I'm also concerned about new information coming to light, information that could not be reported previously. The coming week could be very damaging for Barclays, both reputation and share price.

Also, forecast earnings for 2015 are continually being revised down.

The old adage…….sell in May and go away...…in this instance possibly a good strategy.

[mbmiah] 14/5/2015 18:59

If it's more than 2billion, then we are in trouble otherwise the share price might dip a little on the news

[smurfy2001] 14/5/2015 17:05

I think we're getting too bullish given the £2bn fine imminent. We'll see though, want to 240s so l can open a side trade.

[blackberry122] 14/5/2015 17:02

chart looking very strong. general upward trend still intact. moving sideways within the upward tram lines and even possibly forming an ascending triangle. staying nicely above the 200ma, which saw the golden crosses of the 100 and 50 back in dec/Jan to start this med/long term ride up over 300 then 330 once 265 is finally breached and becomes the new support. imo

[blackberry122] 14/5/2015 16:50

The delay in the fine timeline is across all banks involved with the DOJ not just Barc and RBS.

As long as the forex settlement is within the bounds of the monies set aside then the share price will not suffer, but could instead rise. This is known news and a finalisation will be good news.

Very different to Dark pool which was a complete surprise and hence caused a fall.

[portside1] 14/5/2015 14:08

Jenkins as been saying for the last two years that barcs is not guilty so how can he now sign up after is statements saying not guilty

[johnwise] 14/5/2015 12:41

US questions thoroughness of Bank of England's forex manipulation investigation


The Bank of England’s multi-million-pound probe into the manipulation of foreign currency rates has been called into question by US authorities.

Last year the Bank launched an internal inquiry into allegations its officials turned a blind eye to the manipulation of the £3.5trillion-a-day foreign exchange – or ‘forex’ – market.

According to a report in the Financial Times, the US Department of Justice is concerned about the thoroughness of the probe.


Read more:

[portside1] 14/5/2015 08:52

figooner, the big question about libor the likes of king and tucker new about
libor the fed sent them letters they chose to ignore them
why have they not been charged with failure to do their jobs
I have sent 3 e mails to the FCA
they say nothing to do with them they just pass the buck
totally useless they only go after easy targets .
they look after their own .
have watch the select committee videos 4 times they lied so did diamond
and the innocent investors paying the cost f their criminal acts .
the SFO waste of time they only go for easy targets they mayas wll wind them up total waste of tax payers money

[fjgooner] 13/5/2015 22:13

smurfy - after next week, you may be lucky enough to get back in sub-220p if the yanks really stuff us. I don't like the tone of that article at all.

Remember the crash that the 'dark pool' news prompted? That was rather painful and took many weeks to recover from.

BTW does anyone know the current situation from the New York DOJ on that latest stateside cash cow?

Hopefully this year will be the last that BARC is heavily hammered for past misdemeanours. I agree with Portside though that the matter should not be left to lie until those responsible have bonuses clawed back, fined and/or jailed.

[johnwise] 13/5/2015 19:57

US Department of Justice judgments on RBS and Barclays 'delayed'

Investigators trying to secure guilty pleas from parent companies of the banks, not just their subsidiaries, according to Bloomberg